A linear trend equation for sales of the form was estimated using annual sales data for the period 2000 - 2007 (i.e., t = 2000, 2001, ..., 2007). The results of the regression are as follows:

-The statistical estimates indicate a(n) ___________ (upward, downward) trend in sales of _________ units per year.

Question

A linear trend equation for sales of the form  was estimated using annual sales data for the period 2000 - 2007 (i.e., t = 2000, 2001, ..., 2007). The results of the regression are as follows: 
 
-The statistical estimates indicate a(n) ___________ (upward, downward) trend in sales of _________ units per year.

Quizplus · Accepted Answer

The Answer of A linear trend equation for sales of the form  was estimated using annual sales data for the period 2000 - 2007 (i.e., t = 2000, 2001, ..., 2007). The results of the regression are as follows: 
 
-The statistical estimates indicate a(n) ___________ (upward, downward) trend in sales of _________ units per year.

A Linear Trend Equation for Sales of the Form